Africa-Press – Angola. The future sugar refinery of Grupo Carrinho, located in its industrial complex in Benguela, has benefited from German financing of around sixty million euros.
At the end of a visit to the infrastructure, the German ambassador Stefam Traumann explained that in addition to the financing from his country, through Deutsche Bank, it also had the participation of the Banco de Fomento de Angola (BFA).
The factory is currently being built.
The diplomat was pleased with the pace of work and expressed hope that the project would achieve the desired success.
In turn, the Italian ambassador, Marco Ricci, stated that Italy supports the Lobito Corridor with financing of 320 million dollars. “We have several instruments and one of them is the Italian Export Agency, which facilitates medium and long-term financing for the purchase of Italian equipment by foreigners, as is the case of the Carrinho group, which benefited from 57 million euros to purchase machinery from the Ambrioti group, intended for the processing of soybeans and sunflowers”, he revealed.
In the same vein, he emphasized that this will be the largest investment of its kind in the whole of southern Africa. According to the ambassador, this investment will allow economic diversification and the reduction of imports made by Angola. Marco Ricci said that, in addition to the Carrinho group, there are other companies that may benefit. “Yesterday we visited the Afro-British group, which has also benefited from a loan to purchase Italian machinery”, he said.
In turn, the representative of the Carrinho Group, Rui Santos, spoke to the ambassadors about the current situation of the factories, stating that the industrial complex is divided into three phases.
Phase one (1) with cereals and other foods, phase two (2) with fats and oils and phase three (3) with the sugar refinery and the soybean extraction factory. “Phases one and two are complete, they have been producing 24 hours a day for several years”, he explained. In phase three, he said, there is the soybean extraction factory that will be operational in the second half of 2026 and the sugar refinery that will start producing in the first months of 2027.
He also said that in phases one and two, the Carrinho Group has managed to transform 1.5 million products per day, while in phase three, for soybean
extraction, it will have a production capacity of four thousand tons per day, and the sugar refinery with three thousand and five hundred tons per day.
The priority for the flow of the product is the national market, so that the country stops importing sugar and other products manufactured in Carrinho, according to the person in charge. “After we have ensured the country’s self-sufficiency, we will then think about exporting,” he concluded.
A group of 17 ambassadors and the US chargé d’affaires for Angola and São Tomé and Príncipe, James Story, are visiting the central region of the country to see the potential of the Lobito Corridor.
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